Charles Russell Speechlys has advised Tekcapital plc (Tekcapital), on its secondary placing of new shares on AIM, raising just under £2.5 million for the company.

Tekcapital, “the World’s Largest University Network for Open Innovation”, is an international provider of technology and intellectual property services. The placing enables Tekcapital to accelerate its growth strategy and continue to fund acquisitions of additional new potentially disruptive university intellectual properties, and complete further out-licenses of intellectual properties that are already under exclusive license to Tekcapital.

Clive Hopewell, Corporate Partner at Charles Russell Speechlys said “Having advised Tekcapital on its IPO on AIM in 2015, it has once again been a pleasure to work with the Tekcapital team on this matter and I wish them, and the business, every success for the future.”

The Charles Russell Speechlys team was led by Clive Hopewell with support from Corporate Associates Laura Melody and Dafni Loizou.

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